A popular Elmwood Avenue restaurant is now under new ownership. Pano's Restaurant has been sold to local developer Chason Affinity Companies, which plans to keep the iconic eatery open under its familiar name.

Anyone who has followed Bitcoin’s rollercoaster ride in the investment market knows about its volatility. But that’s not stopping many people from rolling the digital dice, including many millennial investors. The cryptocurrency service continues to gain popularity.

Tops Friendly Markets, a Western New York staple for decades, may be heading for bankruptcy. Bloomberg.com is reporting the supermarket chain could file papers this month seeking court protection from creditors. Following the story is Jim Fink of Business First who believes the news may be premature.

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Jim Fink of Business First provides perspective on reports of Tops heading to bankruptcy.

Some Democratic lawmakers are pushing for a measure that would make anonymous political ads on Facebook and other social media illegal. They say the ads are being abused to falsely represent their positions on issues.

Niagara University will host a one-day professional development course in downtown Niagara Falls next month, featuring one of the biggest names in the entertainment and leisure business. Local organizers hope that once the name attracts participants, those guests will also get a look at the Cataract City's assets.

The future Explore & More Children's Museum at Buffalo's Canalside will have a late local icon's name added to the building when it opens next winter. The Ralph C. Wilson Jr. Foundation is providing a $6 million challenge grant to help complete construction and support its long-term sustainability.

On Thursday, Gov. Andrew Cuomo will detail his proposals to help New Yorkers affected by changes to the federal tax law. But Republicans who rule the state Senate are cool to the ideas, including one that creates a payroll tax instead of a state income tax.

There's increasing concern around Buffalo about the effects of reassessment on property tax bills. The issue drew a large crowd Monday night to First Presbyterian Church in Allentown, including homeowners who are facing retirement and who are on fixed incomes.

Gov. Andrew Cuomo’s budget director said 30-day amendments to the governor’s spending plan, which is due out later this week, will include an overhaul of the state’s tax code. It will include plans to ease the effects of the loss of the state and local tax deductions in the new federal tax overhaul.

Potholes are as common to Western New York winters as gray skies and school closings. But commuters, street crews and auto repair technicians have reached a consensus that this year's pothole problem is one of the largest in recent memory.

A Republican candidate for governor is calling for hearings on controversial tourism signs on the New York State Thruway and other highways set up by the Cuomo Administration. The federal government says the signs are illegal and will withhold federal funds if they are not removed.

The bulls ran wild in 2017 and into 2018 but have now given way to a sharp drop in the stock market. The Dow Jones Industrial Average dropped more than 1,100 points on Monday, which followed a 666-point decline on Friday. WBFO asked a local financial advisor, what's going on in the stock market?

The stock market went on a wild ride again on Monday, with the Dow Jones industrial average closing down 1,175 points, its worst point drop in history. The Dow closed down 4.6 percent and turned negative for the year.

At one point Monday afternoon, the Dow was down 1,579 points — the largest intraday point drop in the history of the index.

Bon-Ton Stores, saddled with debt and struggling with weak sales as shoppers abandon traditional department stores, said Sunday it filed for Chapter 11 bankruptcy protection and was exploring a sale of all or part of the company.

State lawmakers, business and real estate developers as well as local preservation advocates gathered Thursday to send a united message to Governor Andrew Cuomo: do not remove from the budget a tax incentive they say is critical to continued economic redevelopment.

The cost of parking a vehicle at several downtown Buffalo lots, as well as the means by which lot operators enforce payments, has one board member at Buffalo Place accusing the owners of price gouging. The president of a local parking lot business, though, says what they're doing is fair, legal and reflective of market demands.

The one-time Wildroot complex on Bailey Avenue in Buffalo is getting closer to being an official city landmark. The plan was approved Tuesday in the Common Council's Legislation Committee and sent to the full Council.

New York City's subway system handles about 5.7 million riders every weekday, more than 10 times the combined daily ridership of all other public transportation systems in the rest of New York State. But upstate systems face many of the same challenges - plus an added hurdle: getting more state funding at a time when the downstate transit woes get all the attention.

New York Gov. Andrew Cuomo and the governors of New Jersey and Connecticut said they intend to soon file a multi-state lawsuit against the federal tax overhaul law over the partial loss of the deduction of state and local taxes.